Clarion Housing Group’s subsidiary Latimer has closed the acquisition of a new residential site on Kirkstall Road in the city of Leeds, England.
Formerly known as City Reach, the site has 13 acres of brownfield land between the River Aire and Kirkstall Road and is located to the west of Leeds city centre.
The site has received planning permission to build more than 1,000 homes alongside student accommodation, but Latimer is redesigning the plans to build a residential-led mixed-use scheme.
As part of the plan, the new scheme is expected to include up to 35% in affordable homes. The project is expected to be built with an overall investment of over £200m.
The company aims to develop a new community alongside retail units, space for creative industries and leisure facilities and also where job opportunities for locals could be created.
Latimer expects that the residential units will be designed to support home working, reflecting the need to have good quality public and private outside space.
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By GlobalDataAt the site, a cultural centre and facilities for local artists will also be designed along with the public realm and improved access to the waterfront and across the River Aire to the Leeds and Liverpool Canal.
Latimer, development group director Richard Cook said: “Our vision is to give a new lease of life to the site, kick-starting a residential-led mixed-use regeneration along the River Aire and Kirkstall Road which has been a vision for the City of Leeds for more than ten years.
“We want to deliver a high quality, mixed and sustainable community which sets a new benchmark for the provision of affordable homes in Leeds, with private outside space for residents alongside public open spaces, employment opportunities and car-free access into the city centre.
“In addition to homes for private sale, this development will deliver much-needed affordable rent and shared ownership homes, enabling more people to benefit from all that the city has to offer.
“We welcome the opportunity to engage with both the City of Leeds and the wider community to bring forward this scheme of significant importance.”
Construction on the site will begin in early 2021, as soon as the new plan is developed and the planning permission is received.
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Artist’s rendering of Latimer’s new housing project in Leeds. (Credit: Clarion Housing Group Limited.)